BeaconEquity.com announces the publication of an article covering PhotoChannel’s record sales for the second quarter, with a reduction in net loss.
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m
In the article the author writes:
“PhotoChannel Networks Inc. (OTCBB: PNWIF)(TSX: PN), a leader in digital photography and media solutions to retailers, recently reported record sales for the second quarter of 2009 ended March 31, 2009.”
PhotoChannel reports revenue of $5,015,041, and a reduction in net loss for the second quarter:
“All amounts are expressed in Canadian dollars, which translates to 85.1 cents of one U.S. Dollar. … Revenue for the most recent quarter totaled $5,015,041, compared with $3,259,499 for the equivalent quarter last year. The company reported a reduction in net loss for the second quarter of 2009 to $1,475,124, or a net loss of 4 cents per common share, compared with a net loss of $2,622,228, or a net loss of 8 cents per common share, for the same period year-to-year.”
To read the entire article visit http://www.beaconequity.com/m
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Source: BeaconEquity.com
Beacon Equity Research
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